Federal Reserve Chairwoman Janet Yellen met with a coalition of conservatives on Friday to discuss monetary policy.
She accepted their invitation.
In an interview with The Daily Signal, Steve Lonegan, APIA’s director of monetary policy, said he was surprised by her acceptance.
“Yes, I was surprised,” said Lonegan. “Never in the Fed’s 101 year history have they done anything like this. There were conservatives, libertarians…it was a cool dynamic.”
Lonegan called the meeting “productive.”
“It went very well, it was a terrific meeting,” said Lonegan. “We provided compelling background information and ideas.”
Lonegan said that the right needs to make clear that they have the key to economic prosperity for all Americans.
“Our key message was that the left does not have a monopoly on concern for low income Americans,” said Lonegan. “Sound economic policy is the best path to growth.”
The coalition included the Cato Institute, the Atlas Network and The Heritage Foundation—the parent organization of The Daily Signal.